Colombia’s largest bank doubles last year’s 2nd quarter profits
The largest bank in Colombia reported a consolidated profit of $247.2 million from April to June 2014, more than double the profit from the same period in 2013, Colombian media…
The largest bank in Colombia reported a consolidated profit of $247.2 million from April to June 2014, more than double the profit from the same period in 2013, Colombian media…
Colombian banks are among the top earners in Latin America, only outdone by banks from Brazil and Chile, according to a study by the Latin American Federation of Banks (Felaban).…
Authorities have arrested three members of a criminal gang that impersonated military personnel in order to fraudulently take out money from Bogota banks, newspaper El Espectador reported Thursday. In a…
Colombian policy makers said they may raise the country’s benchmark rate if inflation expectations rise above the target, according to minutes of the central bank’s Jan. 31 meeting published today.…
Bancolombia SA, Colombia’s largest bank, has appointed Carlos Yepes Jimenez as chief executive officer, the bank said in a statement Friday. Yepes will replace Jorge Londono, who announced earlier in…
Colombia’s Central Bank dropped the interest rate from 3.5% to a new record low base rate of 3%, reports El Espectador. The rate had been set at 3.5% – then…
A bombing attributed to the FARC on Monday caused serious damage to the Agrarian Bank and surrounding buildings, reports W Radio. The bombs, placed in the bank’s ATM, exploded in…
Colombia’s central bank, Banco de la Republica, announced Thursday that the country’s foreign debt rose by more than $7 billion between 2008 and 2009, reported news source CM&. According to…
Colombia on Tuesday launched the Grameen Aval Colombia Corporation – a bank dedicated to the country’s poorest communities. The new initiative was begun in June this year and formed through…